wells fargo suggesting 6.9 pi. -- 6.9% cpi. tom: i think 9% is my monday mass.hat is something we have never seen before. that is the uncertainty that we have right now. jonathan: david kostin and that he met goldman looking at 5100 on the s&p next year. if things get dicey, can the fed doing thing about it -- do anything about it? kailey: even in the face of the market clearly being upset about uncertainty around the omicron variant, the fed maybe playing catch up era's we are faced with these kind of numbers in the u.s. jonathan: throw in the things kailey is talking about, you wonder how much the fed has got ahead of it to slow this economy down with him economy with a 69 handle on the ism. tom: the partial differentials is you want to bring the inflation component over to real economic growth. as you mentioned earlier, the most important statistic last week were boom ism numbers. that is the bet right now. a lot of people saying growth is there, it is real. inflation will subside. another group saying the growth isn't really there and will ebb away. jonathan

anna han with wells fargo, greatly appreciate that this morning.rom anime hunt -- from anna han to chris gersch sandy -- chris croissant a -- chris grisanti. the dow up 17% year to date. the nasdaq topped up 18%. double digits. lisa: a lot of people are saying this can't really continue, so they are stepping back to 10%. tom: but they have been saying that the last three years. lisa: and i was talking about how they can't be bearish. they want to remain invested, but they are changing their approach. how much can the index keep going up if you get a big selloff in tech? if you get the big tech names early having a problem, how much does that lead everything in a way we haven't seen? tom: the nasdaq of 23% now, 100 basis points behind s&p 500. you and i have been really good about this. we use the word plunge when we have to. it is a descriptive term. it is not a plunge. nasdaq saw two days in a row well behaved, well within two standard deviations of a recent trend. that is not a plunge. lisa: no, so we can't really carry what that we can't really

kailey: chris harvey of wells fargo securities, thank you very much. a seat that gina use to sit in. how lucky we are to have her here at bloomberg now. if 4715 target on the sb 500 next year. that is not much upside from where we are now. yet, we see huge divergence when it comes to strategists. what can you make of the fact that no one can find any consensus? gina: it is interesting. i think there are various calls out there for one reason, and that it's because you have to make a call on where inflation is headed and what the fed is going to do about it. some think the fed is going to move extremely hawkish layover the course of this year. others think the fed may not do what they say they are going to do as they start to backpedal once inflation peaks. the moving dynamic between rates and inflation is, and our mind, driving the outlook and really creating a big variance in expectations. kailey: we are going not much of anywhere in equities this morning after a volatile start to the week. we seem to have calmed down a bit. for futures are at session

tom: research calls -- betsy gray sick throwing love to wells fargo and goldman sachs.es with that euro call to a 100 -- two a 1.10 and even framing out a .05. kailey: one point and is not that far away. 1.05 is an entirely different animal many people are not prepared for. tom: the lira has just now lifted up 13.80. something we have not mentioned is the turkish lira now sustaining at those ever weaker levels. it is not a record weakness, but in terms of the persistency, 13.80 is a weaker lira. thank you to damian sassower for wisdom. we are looking to friday in the inflation report. so much more to talk about on the way to that, including the politics of the republican party in new hampshire. chris sununu, the governor come at the 12:00 hour. this is bloomberg. ♪ jonathan: from new york city for our audience worldwide, your equity market with a lift. "the count of the open" starts right now. >> everything you need to get set for the start of u.s. trading. this is "bloomberg: the open" with jonathan ferro. jonathan: from new york, we begin with the big issue. a taste o

. >> down 15% or so for the year jim recommended wynn and wells fargo. >> i agree on wells fargo andi don't. i don't think there's a catalyst last year the stock rerated. they're the beneficiary of a stay-at-home fast forward this year missed on subscribers for disney plus core and they're still guiding to the same numbers by fiscal 2024 in terms of sub growth and spending more money to get there. more than the $9billion gave guidance on and then the core business margins under pressure. i think it's probably not going down more from here and i don't know if there's a catalyst and trades 38 times earnings and the sell side is 37% buys on the stock. i think you have time on this one. >> let's hit cvs one of the best performers right now in the s&p karen lynch hoesing the day. bertha coombs spoke with heir earlier. >> shares rising today as the company booths the 2021 outlook and raised the dividend and committed to share buybacks. ceo karen lynch putting primary care at the cent every of the health insurance strategy saying vaccines got customers to engage to grow that connection they

jay bryson, a chief economist at wells fargo joins us and michael purves joins us, the founder of -- and a global airline analyst and christina cooper at invesco. looking forward to a lot coming up on this program today. let us take a look at what is going on in the markets. mostly for the most part you will see close markets around the world today. right now s&p futures down 7.5 after a little bit of a pullback yesterday. there was one point yesterday where we were up over 4800 and that pulled back, so we did not get your 71st record close, the euro was unchanged at 11325. not doing too badly considering what we have seen of late as of dollar strength. the 10-year yield was 15067. as i move back i need to consider do i continue saying one spot five -- one. 5067 or do i switch back? is that a british thing? matt: is that a british -- dani: i say you take it with you. you say in berlin we say that. matt: i picked it up from guy johnson so it is a british thing, not german at all. let us get over to sebastian, the senior at mass -- at investment funds and say happy new year's eve, i ho

you know, so when you look at wells fargo in particular, there still is some head room with valuation because there's so much catch up that its loss value relative to the group in the last five years when they're dealing with issues. as they come out the other side, that gives you something else besides just interest rates you can count on going back to loan growth what we're going to see is this inflation that we've seen across the asset classes, home prices, auto prices, commercial real estate it's almost baking in the cake what girard is talking about is that loan growth is going to start to percolate so that's going to be there. but again the cycle between '16 and '18 was positive but between '12 and '16 waiting for the fed to move was a holding pattern of fits and starts, they would go up and come back down for the banks. so it's how the fed moves and how quickly that determines 2022 >> which ceo has managed the pandemic the best in your opinion? >> i would say that j.p. morgan's jamie dimon has done a good job as has brian moynihan at bank of america two large banks have managed

. >> the delay from wells fargo for employees to return to the office amid the omicron surge. >>> ifeeks long kellogg's worker strike. >>> all right. grab your rain jackets. you can see the scattered light showers pushing across the region on high definition doppler this morning. we are looking at the showers taperifg off through the day. ly show you future cast and we are not done yet with the wet weather. details on the seven day forecast. . >>> and the market just opened about ten minutes ago. taking at i quick check. the dow is up in the green about 17 points. bradley breaks down the numbers for us after the break. first here is what is coming up on cbs mornings. >>> good morning. ahead, coronavirus cases are spiking to levels we haven't seen since last winter. will the head of the cdc will join us to talk about the biden administration's efforts to slow down the surge and how your family can stay safe over the holidays. >>> and if you haven't ordered your christmas present you are not out of luck. at least not yet. we are going to tell you what you can still do and how you can m

number one, wells fargo saying in the last half hour, there are no firm-wide celebrations that will be planned this holiday season in light of rising covid-19 cases. all employees will be required to continue wearing face cover ings, regardless of vaccination status, wells is down about 1.5% at the moment. the wells news comes just two hours after asset manager jeffrey's financial group announced effective today, all companies social events and client functions are canceled until january 3, as are most business travel plans. this after jefferies said it has counted 40 new cases of covid in just the past seven days. jefferies asking employees to work-from-home if possible, it is also reimposing a mask mandate in all of its offices as is wells. so, is this sort of a canary in the coal mine and how impressive is it that the markets are holding on at least at the moment to gains, we already know google has delayed its return to work date. if other firms follow suits, what does that mean for the nice entertainment economic recovery? and what about the federal reserve? it was just last week

wells fargo to overweight off the back of their call. at least on the analyst side of things, additional rate hikes from the fed. lisa: why are we not seeing it placed in? people are increasingly pricing in a rate hike next year. this is what i want to hear addressed, including how much consumer lending can get back up to speed? jonathan: how high can rates go? morgan stanley, from mike wilson over the weekend. lisa, your response? a new covid variant because rockets, but we view that as secondary to the real culprit -- lower valuations, tapering tightening. lisa: to me, that rings true. this rings more true than omicron. omicron seems to be fading from the market. jonathan: not the index level correction. you're going to have to say way more than that to win lisa back. lisa: thank you, tom. jonathan: up 63 on the s&p. this is bloomberg. ♪ ritika: the u.s. and europe considering the tough financial sanctions against russia if they invade ukraine. the largest bank would be targeted, along with the country's ability to convert rubles. pres

as we reflect on the words of sarah house from wells fargo, looking at a cpi report, 6.9% in it.expecting to see seven. kailey: how can we be talking about a potential seven handle and still be talking about treasury yield south of 140? how much of the move was short covering? jonathan: they got caught upside, big time. that is not a football reference. but this is a question that deutsche bank is asking as well. tom: does not matter if i agree or disagree. they have been absolutely brilliant about calling for sustained, lower terminal rate. you talk about offsides. i'm sorry about west him is the real deal. they are based. jonathan: i'm going to take you to that stadium someday. jonathan: it was in that episode of ted lasso. jonathan: i have watched it and i think you just ruined it for anybody who is going to watch it over christmas. catching up with steve. i'm sure steve is a happy man at the moment. this is bloomberg. ♪ when you have xfinity xfi, you have peace of mind built in at no extra cost. advanced security helps keep your family protected online. pause wifi whenever fo

eric fargo ding in washington dc. he was one of the 1st us medical professionals to raise the alarm about the corona virus way back in january 2020. and we asked him whether he agrees with the epidemiologists who are saying that our micron is more transmissible, but less deadly than alpha betia. and the delta variance, thanks for having the i that is generally with understanding, but actually i think where people are not understand correctly is that much a little and missile. but it is actually about 5 times more transmissible. and i think that will actually translate to exponential more cases. the interim me institute estimates 3000000000 people will potentially be impacted in the next 3 month. basically, 2 years worth of infection so far, the world compressed the 3 months. and it milder it's actually a misinformation because many with it's intrinsically about the same as delta. it's just that now there's more reinfection to those with vaccines and a previous infection. so it looks milder, but actually intrinsically

people in their workplace the for that and to make these tools more accessible and easy to use from all fargo. i don't think humans will ever become dispensable. and there are, there are only a few companies that are designing completely automated systems because they require considerate investment and other themes. so i think will always have human workers saw with him on a particular domain. the exoskeleton created by japanese company at own has been in used for years in production, the care sector, and in japan's biggest airports. the 4 and a half kilogram suit is worn like a rucksack and it has a sensor that detects the where's movements. so when lifting 2 motors in the suit automatically support the users movement, the motors deactivate when the user is walking. with countries like japan are increasingly relying on robotics because with an aging population, workforces are becoming depleted off right now we mainly make support devices. but in the future, we want to create products that enhance people's abilities and ad physical functions like a 3rd arm see we want to cater to a society in

that was epidemiologist, doctor eric fargo ding in washington dare will. many of europe, hospitals are once again being stretched to their limits and staff are more burned out than ever. but despite this, they're still trying to bring some joy to patients, bringing christmas on their wards. w christine manuel visited belgium's v as central university hospital. tis the season, but much of the jolly has gone. there are more mosques than center has another year . another variant, a never cove at christmas. at this hospital in the belgian city of the age. vaccines mean it's better this time around, but they're not sure how long that will last. this time last year this hospital was overwhelmed with cove in 1900 patients. it got so bad. some of the i see you, patients had to be lifted to neighboring germany. the situation is under control for now, but the star here are bracing for on the kron. this is the coven ward, and staff here are hoping for the best. but they are preparing for the worst and keeping a nervous eye on alma crohn infection numbers. we're hopin

jonathan: will ask mike schumacher of wells fargo next on bloomberg tv.h the wonderful kailey leinz and lisa abramowicz, i'm jonathan ferro. a special happy birthday to our good friend tom keene. this is bloomberg. ritika: with the first word news, i am ritika gupta. a world health organization panel says it is best to get people does go doses of the same coronavirus vaccine. it -- vaccine combinations could help lowood middle income countries deal with shortages. the u.s. is reportedly ramping up the economic pressure on iran. the bided administration is tightening its economic sanctions at a time when diplomatic efforts to restore the 2015 nuclear deal with iran have been unsuccessful so far. china is taking its biggest steps to rein in the surging yuan. the people's bank of china is forcing banks to hold more currencies and reserve. in italy, the nation's antitrust regulators find amazon more than $1.2 million, fusing the company of harmful practices in the e-commerce market. the company has asked banded -- has expanded its shipping services in europe.

wells fargo soaring nearly 50% there you can see where investors thought there was most up side.ca, goldman sachs,. so you might think, great. all the financials did well but not so much. credit card names struggled with more competition paypal declined 19%. visa closing out the year negative and mastercard with a 1.5% gain, frank. >> getting ready to toast to 2022 we want to draw down on beverage stocks. there's headaches from omicron, headwinds from supply chain challenges many of them including coca-cola up for the year and trading at all-time highs are there more gains ahead to answer the question, an analyst at wells fargo covering the beverage stocks, happy new year. >> happy in new year. >> beverage stocks are under xlp etf up for the month and outperforming as investors turn to a defensive play. do you see that boosting we have raj stocks in 2022 >> good question one of the things we have been tracking is concept of volatility and how that's impacting the staple group performance in covid and the trend is predictive. there's been about ten significant bouts of volatility

wells fargo performing its return to office plans.ees to work starting on january 10, but that has been scrapped with the surge of omicron in the united states. wells fargo joins the likes of apple and uber in delaying the return to the office indefinitely. bloomberg has learned apollo plans to lend about $4 billion in what would be a record for the private credit market. interest on the loan is expected to be in the mid single digits. terms of the deal are not yet final. moody's was upgraded to aaa, citing strong growth and exceptional liquidity. apple is on track for its most lucrative quarter with revenue tipped to be around $118 billion . the tech giant joins microsoft and johnson & johnson is the only u.s. company on the s&p 500 with the highest possible credit score. all three major u.s. credit rating -- rating agencies may drop the rating if it loads up on debt. bloomberg data shows the software provider has more than $73 billion in long-term debt. up next, a conversation with an author that wrote three books on the chinese fin

kailey: we can talk about that more with zach griffiths of wells fargo.to us about the policy divergence from china on the one hand and the fed on the other. how quickly do you check the fed to move? zach: we think marches technically live in the sense that asset purchases should wrap up by then, but we do not expect them to begin hiking that quickly. perhaps june is more likely. but we think such a quick shift between ending asset purchases and the first half of the month to hiking rates is that meeting in the middle of the month, and that is too soon and inconsistent with a lot of the communication we have heard much of this year. the fed has certainly gotten more hawkish recently, but we think it is too soon and want something towards the middle of the year, perhaps second half of the year, more likely. kailey: obviously hikes are not the only cards on the table. when we talk about the balance sheet and when we have to start rolling off that $8 trillion plus, do you think that happens in tandem with a hike? zach: we think there will be a substantial de

you know him from "friday night lights," "fargo," and "breaking bad.a triumvirate, what a hat trick of tv shows. his new film is called "the power of the dog." our friend jesse plemons will be joining me here in studio. [ cheers and applause before we get to all that, the committee investigating the january 6th insurrection has subpoenaed another round of trump allies as multiple investigations of trump and his inner circle intensify and republicans continue their attempt to take control of our elections. for more on this, it's time for "a closer look." ♪ [ cheers and applause >> seth: guys, tomorrow is a big day. no it's not just thanksgiving. it's the deadline my pillow ceo mike lindell set for himself to file his supposedly blockbuster supreme court case proving definitively that there was fraud in the 2020 election >> i cannot wait to drop this supreme court case the tuesday at 9:00 a.m. before thanksgiving, and the whole world's going to be watching all of this unfold over thanksgiving >> you are saying that on the tuesday before thanksgiving, whi

never break. >> chris, good to see you, thank you and happy new year christopher harvey from wells fargo securities do you see things as going up, up, up >> yeah, i mean, listen, i always worry whenever something becomes a consensus trade or you start to see stadiums being named. you don't have a really good track record of naming a stadium and then having your company do well that being said, you know, i think that crypto has a lot -- crypto can be this growth area so there's a lot more to it than just necessarily one particular company naming a stadium but you do need to watch those things and to chris's point, and we talked about it earlier, if you start to see a yield curve inverting and we see the federal reserve really try to slam on the brakes here, when the economy is already stalling, they could be raising rates at the exact wrong time, which would absolutely hurt risk assets >> yeah, i think the point about the consumer is interesting as well during the pandemic, there are reasons to spend, nesting, you're buying dutch ovens and throw pillows, then you're coming out and traveli

i'm going to bring my festive tree this morning fargo is postponing back to work in fact, this time. so this is a cases rise to the omicron variant now makes employees will be briefed on this beginning next year. and started at least bring back employees january >> tate was itself delayed from the original. bring back day which is november to airline ceo and mask cdc to cut in half. it's recommended quarantine time for vaccinated, people who contract covid-19 current isolation, period can negatively impact the airline's operations. the existing cdc recommendation is calling for 2 days of quarantine wal-mart said the demand for the at-home covid-19 testing extremely high. it is subtle limited. 8 test kits for online order. a walgreens said that is seen an unprecedented increase in to be and really started thanksgiving ramped up last week. cbs is they may be of stock of covid test both online and in the store and a spokesperson. it abbott labs and make the binax now popular at home. test. is that saying they're making in shipping them out as quickly as they can must ration considering

they and i, she does, i'm like general newton going to the new queen and uncle leave me alone fargo, man, i lo fi on google here. i am only international media. will bank on human arlington, america. com. okay. i mean, she did, he, for the whole day and she 3 months, the army has reportedly killed over $800.00 unknown for testers, including at least 50 children and arrested thousands more. men was a civil servant who'd never been involved in politics before the qu and even the beanie i li i own and then am i being the guy out? now, i don't know when i not be a mom you. if you will pay double, the less you don't if you're mostly bobby, under my trial, we are lonely. will a allow the living? the same of the old, my dog would rule pm, you don't want to be on the or not the lender guy. now if you get, you don't want to be on my yahoo may. so when you are my only mom and she, i came on the lease and i, we don't want to go live, we'll do the chase. we're not going to need a lateral trial. i will do, i don't care like travelling across the front line to insert and control territory was a hu

. >> reporter: that happens every wednesday at the red river women's clinic in fargo, north dakota, a state that already has some of the strictest abortion laws in the nation north dakota is one of five states that has just a single abortion clinic operating, and it is one of 12 states with a law already passed that would ban abortion if the supreme court over turns roe. what would happen if the supreme court overturned roe >> for us, that would mean that we would be closing within the next 30 days no more patients in 30 days. >> reporter: how high are the stakes for you? >> unbelievably high um, the reason why i do this work is i believe strongly that women deserve to make their own choices. and if women are not allowed to do that, they become second-class citizens. >> reporter: hader started working at this clinic after having an abortion here in her late 20s as a kid she attended demonstrations against abortion with her grandparents she understands what advocates like carol tobias at the national right to life committee think. >> unborn babies are human beings, and they should be p

in baton rouge, that's 22 degrees above normal for this time of year, nashvill3 in bismark, also in fargo. all right. guys, we'll talk about the new year's eve forecast and your new year's day forecast and snow in the west as well. >> looking forward it to thank you. >>> still over a day-and-a-half away, new york city is already budget 2022 in the west. yesterday the city made sure the confedty was good to go. it's all for the big if you year's eve bash in time's square 1.5 tons will go flying tomorrow at midnight this year's celebration is limited to 15,000 revelers because of covid. >> my thoughts are always with the sanitation department cleaning that up after the fact. right? >> it's a big job. >>> next, a florida man rushed to the hospital after reaching into a tiger's enclosure at a zoo. >> what do you expect with the president's call today with vladimir putin for strong protection, that's always discreet. question your protection. try always discreet. huh. is that true? geico's been saving folks money for 85 years? yeah, that's right. wait — so if geico's 85, that makes you — are y

in fargo, near zero visibility as the region braces for bitter cold. windchills as low as 50 below zero in the forecast, a dangerous deep freeze closing up the year with more to come steve patterson, nbc news. >>> in just 60 seconds, inside the race to return all those gifts you may not want and why getting a prescription filled at a pharmacy could take you longer >>> the country's retailers had a merry christmas with a big jump in sales. but now that americans have exchanged presents, shaquille brewster tells us they're back in the stores returning the ones that are not quite what they wanted >> reporter: now comes the multi-billion dollar effort to correct santa's mistakes. >> i would say it's like 75% to 80% is going to go back. >> reporter: after holiday sales saw their biggest increase in 17 years, up 8.5% compared to 2020, two in every three shoppers are now planning at least one return, putting an estimated $120 billion worth of products back into the system. and returns, while maybe free to you, are costing stores more than ever this year. with

they and i, she joined my general tanya duncan, the nuclear ugly, and yolanda fargo man, i'll field will be at issue i am only international media. will bank on human knowledge and america. com. okay. and immunization, and i've been out of the local day and she the 3 monks, the army has reportedly killed over $800.00 unknown for testers, including at least 50 children and arrested thousands more. a men was a civil servant who'd never been involved in politics before the coo and even the fini. i louis, i mean i own and then am i being the guy out? now, i don't know when i not be a name on the if you will, will. who the less you don't. if you're mostly and body under time, i try, we are lonely. will a allow the living, the same of the old. why would rule b m, you don't want to be and why the or not? you learn that guy. now, if you get, you don't want to be on my yahoo may. so when you are my only mom and she, i came to the lease and i, we don't want to go live, we'll do the chase. we're not going to need a lateral as well. i will do. i don't care like traveling across the front line to ins

wells fargo, for example, is a too big to manage institution. they have been in front of this commission. wells fargo with $1.9 trillion in assets has been prohibited by financial watchdogs from growing any larger. how has this asset cap prevented wells fargo from hurting more consumers? what other tools might you use to protect americans in the financial system from repeat offenders? dir. chopra: with respect to the asset cap, i don't have the best answers for you now. one of the places that will be a priority is order violations and repeat offenders. we see a two-tiered system where federal agencies go hard on small businesses. when they violate an order, they get totally shut down. larger firms, they sometimes violate those orders or engage in repeat offenses, and there is a complete lack of parody in how justice -- parity in how justice is administered. we need to make sure we are evenhanded across the board, that we are focusing on repeat violations and using the full panoply of remedies to make sure there are real consequences for repeated

the fargo man, i'll say and will be here. i am only international media . will bank on human arlington america. ok, i mean, she didn't, and he said the whole day and she the 3 monks, the army is reportedly killed over $800.00 unknowns for testers, including at least 50 children and arrested thousands more. a men was a civil servant who'd never been involved in politics before the coo and even the fini. i louis, i mean, i own and then am i being the guy out now? i don't know when i not be a new, i'm you, if you will, will. who the less you don't. if you're going to be under my trial, we are lonely. will a allow the living? the same of the old. why would rule pm, you don't want to be and why the or not that guy. now, if you don't want to be on my yahoo may, so when you are my only mom. yeah. she, i came to dollars and i, we don't want to go live. we'll do the chase. we're not going to need a lateral as well. i will do. i don't care like travelling across the front line to insert and control territory was a huge personal risk loankey or fabian nunez, over 1000

and to make these tools more accessible and easy to use from wells fargo. i don't think humans will ever become dispensable. and there are, there are only a few companies that are designing completely automated systems because they require considerate investment and other themes. so i think will always have human workers saw with him on the particular domain. the exoskeleton created by japanese company at own has been in use for years in production, the care sector, and in japan's the biggest airports. the 4 and a half kilogram suit is worn like a rucksack and it has a sensor that detects the where's movements. so when lifting 2 motors in the suit automatically support the users movement, the motors deactivate when the user is walking with countries like japan are increasingly relying on robotics because with an aging population, workforces are becoming depleted. oh awesome, right now we mainly make support devices, but in the future we want to create products that enhance people's abilities and ad physical functions like a 3rd arm see we want to cater to a

any that stuff if, if handers gotten any about and checked in fargo, if any, anybody seen him there or anything like that? oh no, that's good idea. i think it was just i don't know what they were doing. i mean the other than waiting for a phone call, i guess i don't understand how to ruin this went on for i say weeks and nothing. ah, fresh news to day folks in the andrew sat a case the young man we've all been searching for since he went missing on may 1st and now warrant has been issued for andrew's arrest. static is wanted on drug charges. details of these charges are still emerging, but andrew was allegedly caught selling marijuana on 2 occasions on april, 4th, and april night, 2013. 1 sale was for 20 bucks. the other was for $60.00. mm . was like, are you kidding me? all of this for $80.00 worth of pot. my son is missing for $80.00 worth of pot. i was wild wild show me a campus where you cannot find $80.00 worth of pi. mm. i remember waking up the news that he had been charged and also what is it? i was this even a thing they can do this is completely or try your friend home. and n

general good ankle the and i she my general newton going to the new queen and uncle leave me alone, the fargo man, i'll say and will be ready. she sang ammonia international media, will bank on human arlington america located on immunization tonight, then he said it will go there. and she 3 monks. the army has reportedly killed over 800 unknown for testers. including at least 50 children and arrested thousands more. a man was a civil servant who'd never been involved in politics before the qu, they need any, be any, i mean i own an am i be in the guy out. now i don't know when i not be a new mom, if you will, will be less. you don't have your mostly. and by the time i try, we are lonely. will a allow the living the on the same of the old, my old dog would rule pm. you don't want to be and why the are not the lender guy. now, if you get you don't want, don't be on why ya may. so when you are only about a year and she, i came on the lease and i will not be allowed to let the chase. we're not going to need a lateral trial. i will do something like traveling across the front line to insurgent con

liz: let's bring in our fed day power team former wells fargo chief economist john silvia and steve ops, cio global equities with 634 billion in assets under management. john i'll give it to you first. powell hit the markets sweet spot look at the dow up 339 points. low of the session the dow had been down 154. what's the most important thing you believe came out of this meeting? >> i think the fact that the inflation numbers continued to be stronger than what the fed had expected. they are going to be raising interest rates. clearly from my side of the fence and i'll leave the equities. i think the challenges that bond prices are too high, interest rates are way too low, you're going to miss allocation of capital both in the government sovereign sector and the corporate bond sector, and to me, those interest rates have to rise going forward to compensate for inflation and one other thing. there's a lot of commentary about the speed and the level of adjustment. i think in terms of inflation, we're going to have a long adjustment period to inflation and our inflation numbers are higher t

and real places, where wells fargo and small businesses are working together to help bring hope.r communities and beyond. >> brennan: this week, i'll be sitting down for any indepth interview with vice-president kamala harris. you can see it with the cbs news on monday and cbs news tuesday, and we'll have more on "face the nation" next sunday. and catch more o on cbsnewews.com, andnd that'ss ststarting tomororrow evening on ststarting tomororrow evening on cbs. ststrokes can n be reverses. we'rere using ourur world to e your wororld a worldld of w. what is..... an overpapass? come o on! question, , is that anan “”" or a “5"5”? ththink it's a a 5... i thoughght so. argh! frustration...loading. [sfxfx: laser sosounds] nobobody wants more robot t te. bubut we couldld all use more w ways to savave. chai l latte, for r “rob ot”" for “rorob ott.” error r human. [sfx: laseser sounds]] switchch to geicoo for momore ways toto save. [sfx: laseser sounds]] today, youou have to d deal with a l lot of moviving pa. yoyou want eveverything to b be on autopopilot. and to be e prepared if a anyth

to menus with frogs ravioli, salmon lobster, sol fargo, and 2 orders of venison. joy. domenico t is the head chef a 2 rivers. like his predecessor, he has a mission star. the restaurant lou shibel tay opened 50 years ago to the outside world before then it was exclusively for the hotel guests to products. come from the lake and the mountains, both seasonal and regional and is that really the full is your them cooperate? is it when they go, when you're young, you chase after the stars point here, the michelle and star city, but that's just incredible for a chef into the portal to be famous, genius and jill. but as you get older, you realize that the most important thing is to please your guest tracy, to be attentive on killing the fair on. if you prioritize the customer, looking at the stars will follow on their own was a bit of bottled. did you learned that at the age of 50 cisco level, i'd be taken to for my interpreter at calia or me, a table has to feel friendly. that's important to her on that to learn to that other. it has to look beautiful and inviting to us as rice. you should fe

here we go. 2 menus, with frogs ravioli, salmon, lobster, soul fargo, and 2 orders of venison. joy, dominique, a t is the head chef a 2 rivers. like his predecessor, he has a mission star. the restaurant lou shibel tay opened 50 years ago to the outside world before then it was exclusively for the hotel guests. the products come from the lake and the mountains, both seasonal and regional and is that really leisure of cooperate? is it? well, think of when you're young, you chase after the stars quite busy in the michelle and star city, that's just incredible for a chef in freezer bottle to be famous, genius and jill. but as you get older, you realize that the most important thing is to please your guest tracy, to be attentive on killing the feel on. if you prioritize the customer, lukea of the stars will follow on their own. was a bit of bottled. did you learn that at the age of 56 will have home a be taken? for my interpreter at calia or me, a table has to feel friendly. that's important to her on that to learn to that other. it has to look beautiful and inviting to us as rice you should feel

in fargo near zero visibility as the region braces for bitter cold wind chills as low as 50 below zero in the forecast a dangerous deep freeze closing out the year with more to come and with the wind chill dropping as low as 50 degrees below zero. you heard that authorities are saying basically any piece of your 16 that's exposed could suffer severe frost bite within minutes. the recommendation, of course, is to stay safe, stay inside, take it slow on the road, if you have to go out, bundle up all areas of your body, back to you. >> good advice, thanks >>> let's bring in nbc meteorologist michelle grossman with more on that storm. good morning. >> reporter: good morning, yes, steve said it. we are looking at a lot of snow in the west. we have snow that will fall in the northern plains, the upper mid-west, great lakes and into the northeast. let's look at the weather alerts stretched coast-to-coast we have advisories and warnings in the great lakes area, the upper mid-west and also some slick travel in the northeast today. so 25 million people impacted by that persistent snow across the

and real places, where wells fargo and small businesses are working together to help bring hope.r communities and beyond. >> brennan: this week, i'll be sitting down for any indepth interview with vice-president kamala harris. you can see it with the cbs news on monday and cbs news tuesday, and we'll have more on "face the nation" next sunday. and catch more on cbsnews.com, and that's starting tomorrow evening on starting tomorrow evening on cbs. strokes can be reversed. we're using our world to make your world a world of well. what is... an overpass? come on! question, is that an “s” or a “5”? think it's a 5... i thought so. argh! frustration...loading. [sfx: laser sounds] nobody wants more robot tests. but we could all use more ways to save. chai latte, for “rob ott.” for “rob ott.” error human. [sfx: laser sounds] switch to geico for more ways to save. [sfx: laser sounds] today, you have to deal with a lot of moving parts. you want everything to be on autopilot. and to be prepared if anything changes. with ibm, you can do both. your business can bring data together across your

eric fargo dang is a senior fellow at the federation of american scientists and was one of the 1st us medical professionals to raise the alarm about the corona virus back in january 2020. he joins us from washington. d. c. a. welcome to d w doctor. the consensus seems to be forming amongst researchers that only cron is more transmissible, but less deadly than the alpha beta and delta variance. is that your understanding that if so, is that good news? thanks for having me. that is generally with the understanding. but actually, i think what people are not understanding correctly is there's not a little and missile, but it is actually about 5 times more transmissible. and i think that will actually translate to exponential more cases. the, i mean, our institute estimates 3000000000 people will potentially be impacted in the next 3 months. basically, 2 years worth of infection so far in the world. compressed the 3 months. and it milder is actually a misinformation, because in many ways it's intrinsically about the same as delta. it's just that now there's more re infections of those with

wells fargo is the latest to delay plans for workers to return to the office amid omicron spread the bank is doing so citing the change in the environment. reportedly says there have been new plans for the full return in the new year according to results by soft bank adding the apparent deal between the pair highlights soft bank's need for cash and the bid to enter the lending space. soft bank limited the loss led by the crackdown of companies. >> thank you we'll check back with you in the next part of the show. >> to the latest in this country, president biden announcing new steps to fight the rise in case figures including distributing a billion at-home rapid tests. >> joining us now from washington good morning >> good morning. hospitals already stretched thin are staring down a crushing new flow despite the sign looking alarmingly, insisting the vaccine and we are better prepared for what's ahead. >> with the highly contagious omicron variant driving the new war against covid, president biden rolling out a new battle plan >> we are still in it. this is a critical moment. >> amid

that was epidemiologist, eric fargo think, speaking to me a little early on watching day doubly news is a reminder of the top story we're following for you. this ela killer has elected leftist gabriel burridge as its new president following one of the most divisive elections in decades. he ran on a platform support of public education, health care and equal rights for indigenous and l g, b t q, people that's all for now. up next, the architect of a motion to a documentary on the artist and architect daniel. the biscuit and another bulletin live from berlin in another 45 minutes tops. ah you stay, it is pull the news fest go to cordova now i'm sure that it was on indiana too soon . adamus. so she played window, the money interposed. what's baby? what's in the box? i never.

time to sit down and talk with ah hell come back to wells fargo. that's no pets, all professor emeritus of comparative government address and technical university professor. that's all before the break. we touched on jim and jones and try now politics. let's talk about foreign policy on them. that america and done. there are many predecessors was primarily the counselors to me. do you think it's likely to stay the case under the new government under the new chancellor and under the you foreign minister, whom you already mentioned as somebody who has a very peculiar a vision of reality and yet very determined to see them in the real world well, during the last 2025 city, yes, the federal chancellor took more and more assumed. lauren ball responsibility for foreign affairs. this was usually growing during his time in office because san domestic politics important if they are become more boring if they have begin at the beginning. they have been at the beginning of a chancellor ship and chancellors become acquainted with the top leaders around the wor

ah, hello, and welcome to wells fargo like her trademark jackets, and mark of political style came in one shape and size, but all callers in the rainbow measured. and at times he went down. he nonetheless managed here. germany and europe, for many upheavals, can be shocking my polish. and now waste your place for you to see without him brought me into the rad at every corner. to discuss that i am now joined by a professor emeritus of comparative government at justin technical university. professor, it's great to talk to you. thank you very much for your time. it's a pleasure to talk with you now. this last elections in germany of produce that rather paradoxical results. and i think historically lowest showing what angle americans, christian democrats and some of the best results for her rivals. both the social democrats and big beans as far as you are concerned, is that more about the mark or fatigue or the excitement for her opponents or her successors in this case. well, actually what we have seen is that the vote for the city you have not been vote for this party. they have been vo